Baird government commercial “catch share” fishing reform will see Newcastle Fisherman’s Cooperative lose members

The head of the Newcastle Fisherman’s Cooperative says he doesn’t know how many members will leave as a result of the Baird government’s commercial fishing reforms. Robert Gauta has told a NSW parliamentary inquiry that the reforms had led to “uncertainty” over how many of its members “will stay and how many will go”. Set to come into play from the middle of 2017, the government’s reforms to the $90 million commercial fishing industry link fishing rights with catch levels. The government argues the reform will make the industry sustainable, but the introduction of minimum shareholdings will also mean commercial fishers may need to increase their holdings to maintain the same catch level. “The cooperative makes money when the fishers catch fish; it is that simple … fewer fisherman would mean fewer fish.” Read the story here 09:58